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Nanubhai Desai & Co. CHARTERED ACCOUNTANTS

Credentials Presentation

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About us

One of the pioneer firms in the profession

Established 1945

Recognised as a quality professional services provider

Recognised as a foreign qualified audit firm by Public Company Auditors Overseas Board, USA

Empanelled with the office of Comptroller and Auditor General of India

Global reach with local expertise

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Our vision

“To be synonymous with a professional CA firm

providing globally benchmarked qualitative, timely

and accurate services to our clients”

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Our mission

“To gain clients’ confidence by being proactive in

delivering value-added services with innovative

ideas and solutions”

“To offer a conducive & healthy work environment and a better quality of life

for the dynamic people working with the firm”

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Our attributes

Integrity

Professionalism

Speed

Accuracy

Cost-efficiency

Innovation

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Diversified range of services

Compliance & Management

Assurance

Tax Advisory

Corporate

Finance

Business

Advisory

Integrated Services

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Tax Advisory Services

Minimise Tax liability

Effective compliance

• Corporate / Expatriate Tax Services

• International Tax

• Tax and Regulatory Due Diligence

• Tax Diagnostic Reviews

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Corporate Tax services

Minimise Tax liability

Effective compliance

• Determining advance tax payments

• Review and advise on ongoing

corporate tax matters

• Preparation of annual corporate tax

returns with keeping in mind the relevant

DTAA

• Advise on tax to be deducted at source

from various payments

• Assistance in preparation of certificates

evidencing deduction of tax at source

• Assistance in preparation of annual

returns for the tax deducted at source

• Litigation support

• Assistance in obtaining reduced

withholding orders / certificates from the

Revenue authorities

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International Tax services

Minimise Tax liability

Effective compliance

• Structuring inbound investments

• Transfer Pricing

• Cross border transaction support

• Outbound Investment strategy

• E-Commerce Tax compliance

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International Tax Services (cont’d)

To review the incidence of income tax that may be attracted while implementing

various cross-border activities and to maximise returns on investments and

minimise associated risks

To assist the Business Advisory Services on foreign investment consulting group

and to design and implement creative solutions while keeping mind the relevant

commercial agreements or contracts executed by the client

To consider the regulations governing transfer pricing issues and to design a

policy that would maximise the business objectives while at the same time suffice

with requirements of the tax authorities so that adverse tax adjustments and

penalties can be avoided

To review the jurisdiction where the transaction may be subject to tax and to

assist the clients for planning and implementation of correct structure

To assist the Business Advisory Services on foreign investment consulting and to

design and implement creative solutions for maximizing tax advantages in such

transactions. Further to assist with planning and implementation of new offshore

investments, including acquisitions and mergers, while also facilitating the

maintenance, expansion and restructure of mature existing operations

INBOUND

INVESTMENTS

TRANSFER

PRICING

CROSS

BORDER

TRANSACTION

SUPPORT

OUTBOUND

INVESTMENT

STRUCTURING

E-COMMERCE

TAX

COMPLIANCE

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Business Advisory Services

Foreign Investments Consulting

Joint Venture Assistance

Exchange Control Formalities

Corporate Laws

Maximise Returns on Investments

Legally enforceable

structure

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Foreign Investment Consulting Services

To help establish business outside India successfully

• Evaluating different options for entry into

foreign jurisdiction

• Considering relevant statutes of the foreign

jurisdiction

• Review the tax and exchange control

regulations for the different forms of entry

• Suggesting the most efficient entry strategy

• Evaluating the tax incidence and exchange

control regulations for the contractual and related

agreements

• Setting up, in consultation with the foreign

service provider, the agreed office / company

after obtaining various Government, regulatory

and other approvals

ENTRY

STRATEGY

IMPLEMENTATION

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Foreign Investment Consulting Services

To help establish business in India successfully

• Evaluating different options for entry into India

• Review the tax and exchange control

regulations for the different forms of entry

• Suggesting the most efficient entry strategy

• Assisting in arriving at share allotment price

(after undertaking valuation following DCF

method)

• Evaluating the tax incidence and exchange

control regulations for the contractual and related

agreements

• Setting up the agreed office / company after

obtaining various Government, regulatory and

other approvals

• Securing registration of the office / company

ENTRY

STRATEGY

IMPLEMENTATION

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Compliance & Management Assurance Services

• Statutory Audit and Tax Audit

• Internal Audit

• Valuation of shares and

certification

• Back office support

• Recasting of Financial

statements

• Systems Review and

implementation

• Process Review

Assist to comply with the statutes

Meaningful results from compliance

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Corporate Finance

• Transaction Support Services

• Providing optional transaction

structures

• Analysis of alternative

structures and assisting in

concluding the fair value

• Drawing up a Road Map for

implementation of agreed

structure

• Tax and regulatory compliance

• Reviewing and finalising

documentation

• Project leadership/co-ordination

Structure Development

Structure Implementation

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Infrastructure

Office premises located in the heart of Mumbai - the

commercial capital of India

Computerised work environment using modern

information technology

Easily accessible communication channels

Extensive in-house library

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Contact details

Telephone

– 00 91 22 2204 29 81

– 00 91 22 2204 63 59

Facsimile

– 00 91 22 2288 03 36

Mobile

– 00 91 98 201 26 638 (Kuntal Dave)

E-mail

– kuntaldave@nanubhaidesai.com

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Distinguished international clientele

Name Country Industry

Astra Pharmaceuticals Sweden Pharmaceuticals

AsiaContent.com Hongkong e-commerce

Business Software Alliance USA International association of software industry

Canada Life Insurance Canada Insurance

Control Union Netherlands Cargo handling

Dellorto Italy Auto components

Hudson Fairfax Group USA Investment advisory

Incepta Group plc UK Investor & media relations

Indea Capital Singapore Investment advisory

Investec Bank Switzerland Bank and Investments

IT resources Singapore Hardware components

Matterhorn Advisory Services Singapore Investment advisory

NRI Network Corporation Hongkong e-commerce

Otto Bock UK Orthopaedic supplies

Professional Access Inc USA Software development

S-Com UK Telecom

Shri Rama Ltd Bahamas Investment advisory

Somerset India UK Investment advisory

Staff Services Japan Staffing

Swallow Enterprises Mauritius Investment advisory

System Task Group USA Software Development

Tenrikyo Indo Mission Japan Philanthropic institution

Turner International USA Construction and project management

* Includes clients advised by key management team

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Blue-chip India clientele

Name Industry

Bajaj Auto Ltd Automobiles

Century Textiles Ltd Multi-disciplinary company

Citigate Dewe Rogerson Investor & media relations

C U Inspections Inspections and analysis

Godrej GE Appliances Ltd White goods

Grey Worldwide India Ltd Advertising

GTL Ltd Telecom engineering and networking

India Broking Ltd Broking

Info Wavz IT

Life Insurance Corporation Life insurance

Mukand Ltd Engineering

Nilkamal Plastics Plastics & allied industry

New India Assurance General insurance

NRI E-commerce Services E-commerce

Raymond Ltd Textiles

Silverline Technologies IT

Spaco Carburettors (I) Ltd Auto components

Taxsmile.com Online tax management company

Udwadia & Udeshi Advocates

United Bank of India Banking

Various high net worth individuals

* Includes clients advised by key management team

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Disclaimer

This presentation has been prepared for private and internal circulation

and is not meant to be construed as advertising or a solicitation of

services